Tunis - Tunisia's political crisis, triggered in July by the
assassination of an opposition MP, is threatening the fundamentals of the
country's economy "more than ever", the central bank has warned.
Since the assassination on 25 July of secular MP Mohamed
Brahmi, Tunisian politics has been paralysed by a standoff between supporters
of moderate Islamist party Ennahda, which heads the coalition government, and
"The exacerbation of tensions in the national political
arena threatens the security and fundamentals of the national economy more than
ever," the bank said on Wednesday evening afer a meeting of its board of
"The board again called on all the stakeholders to
multiply their efforts to restore stability in the country, which remains the
key factor in reviving economic activity, in consolidating foreign and domestic
investment and promoting employment."
A broad coalition of opposition parties are demanding the
government's immediate resignation, while Ennahda is insisting on reaching a
consensus on key political issues, notably the new constitution, before
accepting the formation of a non-partisan administration.
The central bank highlighted the "persistence of
risks" for the Tunisian economy, with the crisis heightening uncertainty
and visibility in the economic sector.
"This situation is reflected by Tunisia's global
competitiveness rating falling from 40th in 2011-2012 to 83rd in 2013-2014,
according to the last report from the Davos [World Economic] Forum," it
Tunisia's economic problems were driving factors behind the
revolution in January 2011.
Last week the government revised down its 2013 growth
forecast for the second time, to 3.6 percent, while official statistics showed
the Tunisian dinar losing 15 percent of its value against the euro in the first
half of the year.